Vanguard Group Inc. Cuts Stock Holdings in Stanley Black & Decker, Inc. $SWK

Vanguard Group Inc. lowered its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.3% during the 3rd quarter, Holdings Channel reports. The firm owned 18,227,476 shares of the industrial products company’s stock after selling 436,523 shares during the quarter. Vanguard Group Inc. owned approximately 0.12% of Stanley Black & Decker worth $1,354,848,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SWK. Tred Avon Family Wealth LLC bought a new position in Stanley Black & Decker during the 3rd quarter valued at about $939,000. Massachusetts Financial Services Co. MA boosted its position in shares of Stanley Black & Decker by 0.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock valued at $237,813,000 after buying an additional 17,084 shares during the period. Godsey & Gibb Inc. grew its stake in shares of Stanley Black & Decker by 14.6% during the third quarter. Godsey & Gibb Inc. now owns 212,480 shares of the industrial products company’s stock valued at $15,794,000 after buying an additional 27,140 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Stanley Black & Decker by 773.1% in the second quarter. Baird Financial Group Inc. now owns 53,278 shares of the industrial products company’s stock worth $3,610,000 after buying an additional 47,176 shares during the period. Finally, ProShare Advisors LLC lifted its stake in shares of Stanley Black & Decker by 38.8% during the 2nd quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock worth $184,506,000 after acquiring an additional 761,191 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Trading Up 2.6%

NYSE SWK opened at $91.90 on Friday. Stanley Black & Decker, Inc. has a one year low of $53.91 and a one year high of $93.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14. The company has a market capitalization of $14.23 billion, a price-to-earnings ratio of 34.68, a price-to-earnings-growth ratio of 1.29 and a beta of 1.21. The company’s 50-day simple moving average is $81.49 and its two-hundred day simple moving average is $75.21.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.14. The firm had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.78 billion. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The company’s revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.49 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Analysts Set New Price Targets

SWK has been the topic of several research analyst reports. Citigroup upped their price objective on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Wells Fargo & Company upped their price target on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. The Goldman Sachs Group reiterated a “neutral” rating and set a $84.00 price objective on shares of Stanley Black & Decker in a report on Thursday, February 5th. Barclays reissued an “overweight” rating and issued a $100.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Stanley Black & Decker has an average rating of “Hold” and a consensus price target of $87.00.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.